H1 21/22 numbers were largely in line with market expectations.
All divisions performed well and, in particular, Steel and Metal Forming.
Higher energy costs were felt towards the end of Q2, with no impact on the group’s FY guidance.
We will revise our numbers marginally, with no major impact on our target price.
10 Nov 2021
A sound set of H1 numbers, but this was widely expected
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A sound set of H1 numbers, but this was widely expected
- Published:
10 Nov 2021 -
Author:
Fabrice Farigoule -
Pages:
3
H1 21/22 numbers were largely in line with market expectations.
All divisions performed well and, in particular, Steel and Metal Forming.
Higher energy costs were felt towards the end of Q2, with no impact on the group’s FY guidance.
We will revise our numbers marginally, with no major impact on our target price.